Intraday Stock Futures Strategy-less risk-steady returns

Hi

Could anyone please share your views about this futures intraday strategy.

Please consider the below example.

Ispat Industries Share price Rs.20, lot size 11000, increase of 0.05 paise=11000*0.05= Rs.550

As per Zerodha, margin money needed to trade in futures is 50% of Span Margin.e st

Considering an increase of just 0.05 paise can give profit of Rs.200 to Rs.550.

So in a day, if we trade for just 4 or 5 times, the retuns can be Rs.800 to Rs.2500.

for any share with huge volumes can easily have a movement of 0.05 paise.

I will this will generate a steady returns if we STRICTLY FOLLOW STOP LOSS

Hi

Could anyone please share your views about this futures intraday strategy.

Please consider the below example.

Ispat Industries Share price Rs.20, lot size 11000, increase of 0.05 paise=11000*0.05= Rs.550

As per Zerodha, margin money needed to trade in futures is 50% of Span Margin.e st

Considering an increase of just 0.05 paise can give profit of Rs.200 to Rs.550.

So in a day, if we trade for just 4 or 5 times, the retuns can be Rs.800 to Rs.2500.

for any share with huge volumes can easily have a movement of 0.05 paise.

I will this will generate a steady returns if we STRICTLY FOLLOW STOP LOSS

Today i made a decent profit with Ispat industries, it was trading in the range of 19.35 to 19.40 from 09.30 to 10.15. so i was just shorting @ 19.40 and buying back @ 19.35. traded 6 times in this range and made Rs.3300 with one lot.

During the last one hour, it went down further and was traing in the range of 18.40 to 18.25, again I shorted here 5 times and made 2750Rs. profit.

with an investment of Rs.17,000, i made profit of Rs.6050 whic is more than 40% profit. So with less probability of failure and with correct sense of over all market direction, its is not so difficult to make money. (this profit is excluding brokerage)

Hi,

Thanks for ur reply. As far as I have seen the markets, the market always use to trade in one single direction @ the last 45 minutes.

so when we are sure about market direction and with strict STOP LOSS of 0.15 or .20 paise, we can minimize the loss when the trend goes against our position.

The main strategy here is we are just aiming for 0.05 paise profit which is reasonable i feel.

please have ur say

Carry on Sanjay...We're watching...

Made similar trades in Punj Lloyd a few months back and had some amazing 100% success rate in more than 30 trades...Even on last Thursday made money in 3 trades on the same scrip...But stopped this kind of flipping...May be the urge to be a better trader:rofl:...

One advice...keep stop-loss tight & execute fast...Wish u all the best in this type of profit-in-mind scalping:thumb:...

wow!! this strategy really works well..

today did the same kind of trading with GMR Infra, shorted @ 50.25 and kept on buying back @ 0.05 paise difference. finally i closed my position @ 49.25.

did 20 trades, lot size 4000, profit of 0.05*12*4000= Rs.4000 profit with an investment of Rs.11000 which is nearly 40% profit.

Lesson learnt: When you are comfortable with any particular pattern of trading strategy which gives you a decent returns, then try doing the same pattern and become an expert in that particular strategy. Don't be greedy and increase ur lot size or target.